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Germany's Scholz says 'important hurdle' overcome on Mercosur deal

World News

2024-12-06 | 07:51

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Germany's Scholz says 'important hurdle' overcome on Mercosur deal

Germany's Chancellor Olaf Scholz on Friday hailed the conclusion of a deal between the European Union and South America's Mercosur that would create the world's biggest free-trade zone.

"After more than 20 years of negotiations, the Mercosur countries and the EU have reached a political agreement. An important hurdle for the agreement has been overcome. This will create a free market for more than 700 million people along with more growth and competitiveness," Scholz said on X.

AFP

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Germany

South America

European Union

Olaf Scholz

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